8 Minutes to CBD.
Investment Property - low-maintenance family home with an income apartment .
191 Cecil Road, Wadestown, Wellington,
New Zealand
Auction at Harcourts Real Estate, Wellington, 57 Vivian Street, Wellington New Zealand.
13 February 2025 at 5:30pm
An NZ investment property is bought to generate returns through rental income or resale. Individuals, groups, or corporations can own these properties as long-term or short-term investments. Short-term investors typically flip properties by buying, renovating, and selling them quickly for a profit. Investing in real estate is a smart way to build lasting wealth.
What is “Flipping”? Flipping describes purchasing and holding an asset for a short time before re-selling it and making a considerable profit. Consult a NZ Accountant about “Flipping” and overseas investment rules.
This spacious 6-bedroom home is a secure investment. This property is located just 8 minutes from central Wellington.
The LIM report, current Builder's Report, and Code Compliance Certificate are available. There are no outstanding building issues. Fully Insulated for heat
Owners' motivation is high, and their instructions are clear: come auction day, they will hand this home over to its new owner! They built and lived in this property for over 12 years, but now they are ready to move on. This four-story residence has an internal elevator that services each floor and has been utilised as a successful Airbnb and rental; however, the options for using this space are endless. This property would be perfect for those with a large extended family or multi-generational living, or you could rent a separate 1-bedroom apartment to help pay off the mortgage.
This is a very unique offering with many attractive features.
New Zealand Auction: Friday 13th February 2025, Harcourts Real Estate, Wellington City Office (unless sold prior)
Property Overview
Strenght, Comfort and relaxation are in this home's Construction, with low-maintenance benefits, thanks to its full steel and concrete construction. Built to stand the test of time, this standout home offers warmth, quietness, and a serene living environment that outshines traditional builds. The proportions are ideal for large family living; everyone has their own bedroom, with three bathrooms over two floors and six toilets for uninterrupted relaxation. And once inside, you'll be richly rewarded for your curiosity.
Property Features
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On arrival, you'll find two double garages and two onsite parking spaces. No matter the weather, you can easily drive in and step into the warmth of the house, thanks to the double-glazed tinted windows, and doors.
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The property also features a residential elevator that services all floors.
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The house is fully carpeted for cosiness and warmth.
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In the garage, there is a large cellar room, offering ample space for storage or even a potential living area. The garage also includes a toilet and a spacious pantry storage with ample shelves.
Main double bedroom Features
A generously sized main bedroom with an inbuilt tea/coffee-making facility.
Large two of his and her walk-in wardrobes seamlessly transition into the luxurious bathroom, with a generous shower, indulgent spa bath, and toilet.
The underfloor heating elevates the shower experience, ensuring a cosy and relaxing ambience.
The entire floor is carpeted, providing a warm comfort. All three bathrooms have underfloor heating.
The main bedroom also opens to its own fully fenced private outside patio, adorned with tiling and boasting a personal BBQ area that overlooks lovely hills and valley views.
Second Floor Bedroom Area with bathroom and laundry.
2 Double bedrooms &
2 Single bedrooms
Two spacious double bedrooms featuring built-in wardrobes provide ample storage space.
Two single bedrooms, one offers a picturesque valley view with a small deck, creating a serene ambience.
The versatile exercise room can easily be converted into a single bedroom, a nursery, or an office to accommodate your family's evolving needs.
A bathroom caters for a bath, a shower, a vanity and a toilet. Plus, another separate toilet for conveniance.
The generous separate laundry room has all the inside requirements, as well as two large outdoor clotheslines, ensuring convenient and efficient laundry drying in the fresh outdoor air.
Bathrooms Features
Top Floor (Living & Dining Area) over looking the hills &valley, sunrise to sunset.
As you enter the top floor, you are welcomed by a spacious open-plan dining and kitchen area that seamlessly flow into a separate formal lounge, all offering stunning uninterrupted views from large sliding doors that open into two separate decks—abundant natural light from sunrise to sunset.
The modern kitchen boasts sleek granite benchtops, a ceramic cooktop, a double oven, a waste master, and a convenient walk-in pantry, making it perfect for both practicality and style. Its design ensures that entertaining is a delight. It also caters its own toilet.
The seamless transition from the indoor space to the outdoor space creates an inviting alfresco ambience, perfect for savouring the breathtaking views.
Additionally, from the lounge, it opens up to a fully fenced patio with a generously sized enclosed built-in BBQ area and tiled flooring, providing a wonderful space for outdoor enjoyment.
First Floor (One Double Bedroom Apartment)
Self contained.
Secure entrance separate from house
On the first floor, you'll find a cosy one-bedroom with a well-appointed bathroom, a shower, a bath, a toilet, and a laundry equipped with a washing machine and clothes dryer. Two external clotheslines
The kitchen has a stove and dishwasher, a pantry, and an open-plan dining/lounge area. The area opens to a spacious deck furnished with a barbeque and outdoor furniture for relaxation.
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Local Amenities & Schools
Local Schools: 10 Primary Schools, 11 Intermediate Schools, 11 Secondary Schools
Wadestown School is 730 meters; WGTN Girls College is 1.4Km; Queen Margaret College is 1.3 Km.
Victoria University 5 km (11 minutes) Otari Wilton Bush and Ian Gallowyway Sports grounds 2 km.
Contact the following NZ Real Estate Agents appointed for more information or to schedule a private viewing!
Mr. Vinay Kumar phone +64 027 564 3112 or
Eilish Holmes Phone +64 021 027 33469